Petros PACE Finance, C-PACE financing

The Black Desert Resort project in southern Utah is the industry’s largest C-PACE transaction funded to date. The landmark deal used $153 million in C-PACE proceeds as part of the $820 million, 580-acre resort development. C-PACE financing is funding numerous eligible energy-efficient and resiliency solutions, showcasing the value that C-PACE financing brings to property owners. The size and scale of this project demonstrates that institutional investors and property owners are comfortable using C-PACE in large, complex construction and renovation projects.

Black Desert Resort, Ivins, Utah

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